suppose that the fed has set the reserve ratio at 10 percent and that banks collectively have $2 billion in excess reserves. what is the maximum amount of new checkable-deposit money that can be created by the banking system?

It is estimated that over 100,000 students will apply to the top 30 m.b.a. programs in the united states this year. a. using the concept of net present value and opportunity cost, when is it rational for an individual to pursue an m.b.a. degree. b. what would you expect to happen to the number of applicants if the starting salaries of managers with m.b.a. degrees remained constant but salaries of managers without such degrees decreased by 20 percent